Insurer CEO: Obamacare in a death spiral

Published February 15, 2017 5:09pm ET



The leader of one of America’s largest insurers said Obamacare is collapsing in a death spiral, a day after another insurer bolted from the federal insurance exchanges.

Aetna CEO Mark Bertolini said the marketplaces are in a “death spiral” in pointed remarks Wednesday during a Wall Street Journal event. He added that more insurers likely would leave next year.

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